Maharashtra Becomes First State to Qualify for Second RKVY Installment

30 July 2026National

In July 2026, Maharashtra became the first state in India to qualify for the release of the second installment under the Rashtriya Krishi Vikas Yojana (RKVY) after meeting the prescribed fund utilisation benchmark set by the Centre. The decision was taken at a virtual review meeting chaired by Union Agriculture Minister Shivraj Singh Chouhan. The Centre had earlier released Rs 335 crore as the first installment; Maharashtra utilised nearly Rs 260 crore - exceeding the 75% utilisation benchmark - making it eligible for a second installment of Rs 335 crore.

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RKVY launched in 2007-08 | Now a Centrally Sponsored Scheme with a 60:40 Centre-State funding ratio (90:10 for NE & Himalayan states; 100% for UTs) | Under the Ministry of Agriculture & Farmers Welfare | Maharashtra capital: Mumbai

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Maharashtra became the first state to qualify for the second RKVY installment, crossing the 75% fund-utilisation benchmark under a review chaired by Shivraj Singh Chouhan.

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Maharashtra Becomes First State to Qualify for Second RKVY Installment

Maharashtra became the first state in India to qualify for the release of the second installment under the Rashtriya Krishi Vikas Yojana (RKVY), after crossing the prescribed fund-utilisation benchmark. The decision came at a virtual review chaired by Union Agriculture Minister Shivraj Singh Chouhan (Ministry of Agriculture & Farmers Welfare). Maharashtra utilised nearly Rs 260 crore of the Rs 335 crore first installment — more than the 75% utilisation benchmark — making it eligible for a second installment of another Rs 335 crore. RKVY, launched in 2007-08, is a Centrally Sponsored Scheme (CSS) with a 60:40 (Centre:State) funding ratio (90:10 for North-Eastern and Himalayan states, 100% central for UTs), giving states flexibility to plan agriculture and allied-sector development.

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